SCHEDULE: FMR LLC Discloses 7.6% Stake in Progyny Inc.
Beneficial Ownership Report
FMR LLC and Abigail P. Johnson have filed an amended Schedule 13G, reporting a beneficial ownership of 7.6% in Progyny Inc.'s common stock as of September 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson reported beneficial ownership of 6,569,099.44 shares of Progyny Inc. common stock.
- This ownership represents 7.6% of the total outstanding class of securities.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous filing existed.
- The event requiring this statement occurred on September 30, 2025.
- FMR LLC, a Delaware-organized entity, holds sole voting power over 6,566,474.09 shares and sole dispositive power over 6,569,099.44 shares.
- Abigail P. Johnson, a U.S. citizen, holds sole dispositive power over 6,569,099.44 shares.
- FMR LLC is classified as a parent holding company (HC), and Abigail P. Johnson is classified as an individual (IN).
- Several FMR LLC subsidiaries and affiliates, including Fidelity Management & Research Company LLC, are listed as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater of the outstanding shares.
- Abigail P. Johnson, as Director, Chairman, and CEO of FMR LLC, along with other Johnson family members, are predominant owners of FMR LLC's voting shares, forming a controlling group.
Sentiment
Score: 5
Explanation: This is a routine beneficial ownership disclosure (Schedule 13G Amendment No. 1) and does not inherently convey positive or negative sentiment regarding the company's performance or prospects. It simply reports a significant ownership stake by an institutional investor.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Abigail P. Johnson, a reporting person, is a Director, Chairman, and Chief Executive Officer of FMR LLC, the other reporting person.
- Members of the Johnson family, including Abigail P. Johnson, are predominant owners (49% voting power) of Series B voting common shares of FMR LLC and, through a shareholders' voting agreement, form a controlling group with respect to FMR LLC.
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional ownership stake in Progyny Inc., indicating continued investment interest from a major financial institution.
- Management: Awareness of a substantial shareholder with potential influence, given FMR LLC's and Abigail P. Johnson's combined stake.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where Power of Attorney was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney was incorporated by reference. |
| 2025-09-30 | Date of event which required the filing of this statement. |
| 2025-11-04 | Date of signing and filing of this Schedule 13G Amendment No. 1. |
Keywords
Progyny Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Ownership Disclosure, Investment Management
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